Agribusiness In A Global Economy: Challenges For An Evolving Profession

Michael L. Cook

Journal of Agricultural and Applied Economics, 1992, vol. 24, issue 1, 11-16

Abstract: In a revised definition of the Davis-Goldberg concept of agribusiness, Sonka and Hudson suggest that the food and agribusiness sector might be thought of as a sequence of interrelated subsectors made up of: (1) genetics and seedstock firms, (2) input suppliers, (3) agricultural producers, (4) merchandisers or first handlers, (5) processors, (6) retailers, and (7) consumers. In applying this ubiquitous definition to global data, Goldberg (1991a) estimates that the food and agribusiness system is the largest economic sector in the world economy representing 50 percent of the global labor force, 50 percent of global assets, and 50 percent of global consumer expenditures.

Date: 1992
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:24:y:1992:i:01:p:11-16_02

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().